560
inflation (lemmy.world)

cross-posted from: https://lemmy.world/post/13611200

You've got to do more than just forego that expensive avocado toast!

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[-] SquishyPandaDev@yiffit.net 68 points 4 months ago* (last edited 4 months ago)

But if suggest rich people should be slightly less rich, they go into a frothing rage

[-] AVincentInSpace@pawb.social 15 points 4 months ago

frothing rage? foaming at the mouth?

[-] UnculturedSwine@lemmy.world 17 points 4 months ago

It's like frothing but with a lisp

[-] Garbanzo@lemmy.world 43 points 4 months ago

The price of cars is going up so what you should do is take the car you have and turn it into cash. Yeah, fucking great idea.

[-] TexasDrunk@lemmy.world 36 points 4 months ago

And if you're in the US you can use our amazing public transportation to get around!

[-] CarbonatedPastaSauce@lemmy.world 24 points 4 months ago

Yeah! It can literally get me from... wait. There's no bus service at all in my county. Cool.

Good thing we don't have all those buses clogging up our roads around here. More cars!

[-] TexasDrunk@lemmy.world 5 points 4 months ago* (last edited 4 months ago)

Here's some long winded bullshit. I have a lot of feelings and I'm taking this opportunity to let them out. This can be safely ignored. TL;DR: public transportation in the southern US is a fucking hellscape.

There's a lot of buses in my county. If I worked downtown I'd have to take an Uber a few miles to the bus stop or spend about an hour walking, spend a couple of hours on buses and hope I make all my transfers, then spend up to 20 more minutes walking to wherever I work. Then do it the opposite way coming home.

That's the worst case scenario from my door. Best case still has me ubering or walking an hour to sit on a bus for an hour and a half.

The alternative is that if I go in early by car I can spend 25-30 minutes on the road headed in and an hour home in traffic.

If we had rail from the burbs to any downtown location it would be much more feasible and much quicker than driving. If they would reimagine the bus system it could be about the same as taking a car but with less stress and fewer people on the road. But they won't. Too much oil money in this town to ever do that.

On to the next long-winded story!


Where I grew up it was all rural. I love being out in the country (not so much the people, but out in the country they're easy to avoid). However, there aren't enough people to have a public infrastructure. Hell, where I grew up there was no city government and I don't remember the county doing anything except collecting trash (we were on well water). There's no Uber, no buses, no taxis and the nearest real grocery store is half an hour away by car. If they sold their cars they would have no way to get to work or to get any groceries that aren't provided by the local unaffiliated grocery store that's twice the price of the stores in town, mostly dry and canned goods with very little fresh food, and half the food is out of date. Hell, even to get to that shitty store would be a four hour round trip walk from the hovel I grew up in. It was a half hour walk down a two lane highway with no sidewalks through tick and snake infested ditches for a little kid in either direction to get to a school bus stop where I grew up. Guess how I know that.

CEOs wonder why people hate back to work initiatives. Journalists wonder why we can't just sell our cars and eat less avocado toast (at less than a dollar per serving, avocados are cheap as hell) to get by. Because rural communities with the working poor and middle class exist. Because even living in the fifth largest metro area in the US has a nightmare of public transportation that turns my workday into literally half of my life if I'm dependent on it.

I guess if I want zero quality of life I can sell my vehicles. That's not how it should be but that's definitely how it is currently.

[-] shortwavesurfer@monero.town 4 points 4 months ago

As a person who grew up in the southern United States, I know exactly what you're talking about with the rural areas. I lived in Minneapolis for about seven years and the transportation there was actually pretty good. However, that means you have to be in places like Minneapolis, Chicago, New York, San Francisco, and other places similar in size.

[-] TexasDrunk@lemmy.world 2 points 4 months ago* (last edited 4 months ago)

Not only that size, it also has to be not in the South. The Houston Metro is hot garbage. DART makes Dallas quite a bit better, but if you miss a bus transfer you're screwed. That's the fourth and fifth largest metro areas in the country.

Edit: Houston does have light rail but it's so bad that I forget it exists. There's a plan to make it better which is great, but it won't be ready until I'm ready to retire to the country.

[-] shortwavesurfer@monero.town 2 points 4 months ago

I was not aware of that. I wonder what makes the South so bad with transportation compared to the North?

[-] TexasDrunk@lemmy.world 2 points 4 months ago

If I had to guess, part of it is sprawl. Chicago packs a lot more people in 7197 square miles than either Houston or Dallas do in 8827 and 8928 square miles respectively.

Another piece is likely original city design and the way the city itself grew up. I'd have to do some digging to prove that one way or another.

One last piece (well, two tied together) is political will and political capital. Houston is a LOT of oil money so you can spend your time trying to make sure people have access to city services or you can fight against the people who make money on keeping more cars on the road. Even the blue folks are employed by O&G, adjacent services (manufacturing), or service industries that are fed by the folks in O&G (food). It's an uphill battle. Dallas is more tech dependent so they had an easier time with DART but missing a bus transfer can still be over an hour ordeal.

[-] shortwavesurfer@monero.town 3 points 4 months ago

Actually, now would be the perfect time to hold on to your car, since the Federal Reserve is going to drop interest rates soon and therefore increase inflation. And then just before they increase rates again, you can sell your car and then buy another one. When they cars get cheaper again. You can use our broken system to your advantage, but it does take work. As an example, I purchased a home in early 2022 and have only been living here for two years and already have $30,000 worth of equity in this house due to inflation. You are basically shorting the USD by buying a house because a FIXED rate mortgage cant change and cause your payment to go nuts.

[-] Urist@lemmy.ml 4 points 4 months ago

Those calculating the fixed rate are accounting for increased inflation. Trying to beat them at their own game is highly dependant on luck.

[-] shortwavesurfer@monero.town 2 points 4 months ago

Fair enough, but I suspect that inflation is going to go well beyond their control, and they won't think to have calculated for that much. Taking my house, for example, the interest rate on it is a little over 4%, which means that if inflation is above 4%, that they lose money. According to the government provided numbers, inflation is below 4%. However, the real numbers are quite a bit higher.

[-] Urist@lemmy.ml 4 points 4 months ago* (last edited 4 months ago)

You could very well be right. However, this depends on other factors too, such as assuming you have opportunity to grow your wages in correspondence with inflation, which might not be true for a lot of people. In Norway we have the term "reallønn" (real wages) that is basically wage in relation to inflation, which one can see almost always decreases in times of high inflation (on average). So for those that have leverage to get raises beating inflation, high inflation could entail a good time to take up loans. Still, central banks also almost always respond with increasing rents subsequently, hence the answer might be maybe not so much given that paydown times often are 30 years or so.

[-] DavidGarcia@feddit.nl 39 points 4 months ago

they must not be doing so well if they resort to ragebait

[-] zqwzzle@lemmy.ca 23 points 4 months ago

They should sell their cars then.

[-] DavidGarcia@feddit.nl 10 points 4 months ago

and pet their dogs

[-] pearsaltchocolatebar@discuss.online 21 points 4 months ago* (last edited 4 months ago)

To be fair, I'd rather put my dog down than put it through chemo.

Humans can understand the agony is for a reason. Your pet can't. Don't keep your pets alive for yourself.

Also, is it really so shitty for a publication to provide tips on cutting costs when the economy is in the shitter? Im sure most news sites are barely hanging on by a thread, so it's not like they're benefiting from the economy being fucked.

[-] RustyEarthfire@lemmy.world 4 points 4 months ago

fyi, chemo for pets is much milder than for humans

[-] PigsInClover@lemmy.world 3 points 4 months ago

This. The primary goal of chemotherapy in pets is to minimize symptoms to improve their quality of life. It’s nowhere near the high dosage that humans undergo in order to completely eradicate their cancer.

My cat is technically on chemotherapy. She gets a pill 3 times a week and a blood test every 3 months to check that it isn’t causing issues with her bone marrow.

So far, no symptoms. Without it, she’d probably have died a year and a half ago. When I used to hear about a pet getting chemo, I had a mental image of a really sick pet, but it’s pretty much the opposite.

[-] danc4498@lemmy.world 20 points 4 months ago

Is Bloomberg spinning off an onion competitor?

[-] jelloeater85@lemmy.world 10 points 4 months ago

I mean, Bloomberg and The Economist are two of the most old rich white man places you can get your news.

Do NOT eat the rich, they are bad for your health 🤣

[-] eatCasserole@lemmy.world 1 points 4 months ago

Would it be ethical to make them into dog food?

[-] dubyakay@lemmy.ca 2 points 4 months ago

Slow cooked rich. Still tastes bad, but has some protein.

[-] ItsAFake@lemmus.org 7 points 4 months ago

I'd sell myself on the streets before I'd let my dog suffer like that.

[-] doublejay1999@lemmy.world 2 points 4 months ago
[-] orl0pl@lemmy.world 0 points 4 months ago

Bread? Typical bread in America is not normal bread. It's too chemical.

[-] prole@sh.itjust.works 20 points 4 months ago* (last edited 4 months ago)

Not sure what you mean by "typical bread," but the US is lousy with bakeries that make fresh bread. Even corporate owned supermarkets have them inside, and they bake fresh bread and things daily.

Nobody is forcing you to buy Wonderbread.

[-] douglasg14b@lemmy.world 2 points 4 months ago* (last edited 4 months ago)

Often the flour that they're using is bromated flour so you don't get away from it even when fresh baked.

Bromated flower is banned in Canada, the UK, the EU, Brazil and China..... But not the U.S.

So yes the bread you get in the United States is specially chemically because of this.

[-] TimewornTraveler@lemm.ee 7 points 4 months ago

lol you can get plenty of good bread in the US. try going to asia where its basically a luxury item and way too sweet

[-] douglasg14b@lemmy.world -1 points 4 months ago

It's probably still made with bromated flour though...

[-] deegeese@sopuli.xyz 4 points 4 months ago

Bro where do you buy your bread? We have good bakeries here.

this post was submitted on 28 Mar 2024
560 points (98.3% liked)

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